General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
2% Seller Concession Max on Investment Loans?
Good morning,
My lender told me there is a 2% max on seller concessions for an investment loan. Did we miscommunicate? Or is that accurate?
Typically I make my offers with seller concessions to help with closing costs and buying down the interest rate. Is that only an option on a primary residence? Or did I misunderstand her? Do I need to shop for other options? Thanks for any help you can provide.